Average Rent in 77040, Houston, TX

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Current Versus Historical 77040, Houston, TX Rents

77040 rentals average $2,700 for a studio rental to $2,500 for a 4-bedroom rental. The median price of all currently available listings is $1,800, or roughly $15 per square feet.
For the apartment units and housing in June 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $5,124 (-65.49%) year-over-year from $7,824 to $2,700. 1-bedroom rentals prices have decreased by $307 (-22.30%) year-over-year from $1,376 to $1,069. 2-bedroom rentals prices have increased by $204 (16.31%) year-over-year from $1,252 to $1,457. 3-bedroom rentals prices have increased by $15 (0.80%) year-over-year from $1,885 to $1,900. 4-bedroom rentals prices have decreased by $50 (-2.13%) year-over-year from $2,350 to $2,300. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 13.46% this month. 1-bedroom rents have gone down by 4.54% this month. 2-bedroom rents have gone up by 4.88% this month. 3-bedroom rents have gone up by 1.79% this month. 4-bedroom rents have gone down by 2.13% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio N/A $2,700 $7,824 (-65.49%) $734 (268.06%)
1 BR $19.85 $1,069 $1,376 (-22.30%) $1,244 (-14.04%)
2 BR $16.37 $1,457 $1,252 (16.31%) $1,281 (13.72%)
3 BR $14.11 $1,900 $1,885 (0.80%) $2,067 (-8.06%)
4+ BR $12.82 $2,300 $2,350 (-2.13%) $2,658 (-13.47%)

Historical Rents in 77040, Houston, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 77040

There are a total of 30 cities nearby 77040. The average rent in 77040 is currently $1,984 per month. A total of 10 cities nearby have an average rent lower than that. Our records show that Humble, TX, with an average rent of $1,220, is the most affordable city nearby. In contrast, the most expensive city near 77040, Houston, TX is Fulshear, TX. Monthly rents here are on average $3,200 per month.

Let's compare 77040, Houston, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in 77040, Houston, TX is 69.87% more expensive than other cities nearby. One bedrooms are about 18.69% more affordable. Two bedrooms in 77040, Houston, TX are about 8.34% more expensive. Finally, rent for three bedrooms are about 9.53% more affordable. Want more information? Check out the top 10 cities out of 30 total cities near 77040, Houston, TX in the following table.
City Studio 1 Bed 2 Bed All
Humble, TX $799 $962 $1,334 $1,220
Stafford, TX N/A $1,620 $2,048 $1,830
Houston, TX $1,090 $1,300 $1,619 $1,860
Tomball, TX $4,850 $1,165 $1,225 $1,880
Spring, TX $2,100 $1,099 $1,363 $1,970
Mission Bend, TX $4,000 $1,627 $2,114 $1,997
Katy, TX N/A $1,985 $1,650 $2,260
Atascocita, TX $7,500 $1,241 $1,554 $2,350
Sugar Land, TX $13,000 $1,995 $1,800 $2,400
The Woodlands, TX N/A $1,955 $2,635 $3,000

Top Neighborhoods Near 77040

There are a total of 66 neighborhoods in or near 77040. Some of these neighborhoods include Sharpstown, Woodlake - Briar Meadow, and Astrodome. We've included the top 30 neighborhoods out of 66 total neighborhoods in or near 77040, Houston, TX in the following table.

The average rent for these 30 neighborhoods in or near 77040, Houston, TX is currently around $1,952 per month. A total of 24 neighborhoods have a lower average rent. Meaning, only six neighborhoods have a higher average rent than $1,952. Interestingly, the neighborhoods' average rent is higher than 77040's average rent, which is only $1,800. Out of all the neighborhoods in or near 77040, Willowbrook has the most affordable average rent at $1,089 per month. Whereas, at $3,650 average rent per month, Creekside Park is the most expensive neighborhood in or near 77040. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Sharpstown, Houston, TX N/A $750 $1,300 $1,206
Woodlake - Briar Meadow, Houston, TX $849 $1,099 $1,395 $1,300
Astrodome, Houston, TX N/A $1,200 $1,478 $1,400
Northside - Northline, Houston, TX N/A $1,005 $1,195 $1,500
Alief, Houston, TX $779 $879 $1,350 $1,550
Greater Inwood, Houston, TX $1,000 $850 $1,025 $1,593
Braeswood Place, Houston, TX $745 $1,350 $1,533 $1,613
Central Southwest, Houston, TX $1,350 $1,377 $1,734 $1,734
Briarforest, Houston, TX N/A $1,000 $1,600 $1,850
Sunnyside, Houston, TX $1,150 $1,138 $1,350 $1,850
Midtown, Houston, TX $1,242 $1,518 $2,159 $1,860
Neartown - Montrose, Houston, TX $1,125 $1,350 $2,375 $1,900
Downtown Houston, Houston, TX $1,685 $1,815 $2,805 $1,935
Eldridge - West Oaks, Houston, TX N/A $1,050 $1,235 $1,950
Great Uptown, Houston, TX $1,397 $1,730 $2,145 $1,954
Spring Branch West, Houston, TX N/A $1,617 $1,650 $1,995
OST - South Union, Houston, TX $2,400 $1,025 $1,199 $1,998
Northside Village, Houston, TX $1,000 $1,000 $1,600 $2,000
Greenway - Upper Kirby, Houston, TX N/A $1,500 $2,150 $2,018
Greater Fifth Ward, Houston, TX $1,100 $950 $1,295 $2,175
Greater Third Ward, Houston, TX $2,095 $1,050 $1,300 $2,200
Independence Heights, Houston, TX $1,111 $1,273 $1,850 $2,250
Acres Home, Houston, TX $2,150 $1,000 $1,500 $2,300
Spring Branch East, Houston, TX N/A $1,095 $1,650 $2,400
Washington Avenue - Memorial Park, Houston, TX $899 $1,694 $2,450 $2,438
Oak Forest - Garden Oaks, Houston, TX $2,742 $1,416 $1,625 $2,475
Memorial, Houston, TX N/A $1,523 $2,100 $2,500
Spring Branch Central, Houston, TX N/A $1,050 $1,473 $2,500
Greater Heights, Houston, TX $965 $1,373 $2,200 $2,798
Grogan's Mill, The Woodlands, TX N/A $1,955 $2,830 $2,950

Top Counties Near 77040

There are a total of 27 counties located by 77040, Houston, TX. Some of these counties include Pasadena, TX, Northeast Harris, TX, and Houston, TX. The average rent for rentals in these counties is $1,999. That's roughly around $15 per sqft. A total of 11 counties have a lower average rent. The county that is the most affordable is Huntsville, TX. Its average rent per month is $1,300. Vice versa, with an average rent of $2,550, Fulshear-Simonton, TX is the most expensive county by 77040, Houston, TX.

Typically, rent for studios in 77040, Houston, TX is 48.15% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 77040, Houston, TX is 12.25% more affordable than other counties nearby. Finally, rent for two bedrooms in 77040, Houston, TX is 2.38% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Pasadena, TX $828 $899 $1,250 $1,600
Northeast Harris, TX $655 $940 $1,325 $1,850
Houston, TX $1,150 $1,299 $1,608 $1,900
Magnolia, TX $2,000 $1,200 $1,799 $2,000
Northwest Harris, TX $2,150 $1,100 $1,500 $2,150
Southeast Montgomery, TX $1,000 $1,290 $1,850 $2,200
Stafford-Missouri City, TX $2,450 $1,600 $1,968 $2,250
Sugar Land, TX $4,000 $1,505 $1,845 $2,300
Brookshire, TX $1,500 $1,449 $1,437 $2,399
Fulshear-Simonton, TX $1,400 $1,726 $1,865 $2,550

Top Zipcodes Near 77040

There are a total of 50 zipcodes in or near 77040, Houston, TX. The average rent for all of these zipcodes is $2,150. A total of 11 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 77036, Houston, TX at $1,124 per month. In comparison, the zipcode with the most expensive average rent of $3,025 per month is 77380, The Woodlands, TX.

Studios in these zipcodes have an average rent of $874. That's at least $0 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 77040, Houston, TX is $1,259 per month. Or in other words, $21 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,638 per month. Which comes out to $17 per sqft. The following table includes the top 10 zipcodes in 77040, Houston, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
77449, Houston, TX $2,400 $1,282 $1,797 $1,999
77007, Houston, TX $899 $1,689 $2,443 $2,418
77084, Houston, TX $1,025 $1,246 $1,484 $1,800
77057, Houston, TX $849 $1,203 $1,575 $1,450
77493, Northwest Harris, TX N/A $1,410 $1,812 $2,250
77091, Houston, TX $3,025 $1,005 $1,180 $2,300
77088, Houston, TX $1,000 $970 $1,238 $1,800
77433, Northwest Harris, TX $4,999 $1,386 $1,922 $2,575
77008, Houston, TX $1,073 $1,395 $2,500 $3,000
77004, Houston, TX $1,643 $1,300 $1,800 $2,205

Frequently Asked Questions - 77040 Average Rents

What is the average rent price in 77040, Houston, TX?
The average monthly rental price for 77040, Houston, TX apartments for rent is approximately $1,800. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 77040, Houston, TX rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 77040, Houston, TX.
How much is a studio apartment in 77040, Houston, TX?
The average monthly rental price for studio apartments is $2,700. There are a total of 1 studio apartment listings currently available for rent in 77040.
How much is a one bedroom apartment in 77040, Houston, TX?
The average monthly rental price for one bedroom apartments is $1,069 and an average price per square feet of $19.85. There are a total of 16 one bedroom apartment listings currently available for rent in 77040.
How much is a two bedroom apartment in 77040, Houston, TX?
The average monthly rental price for two bedroom apartments is $1,532 and an average price per square feet of $16.37. There are a total of 12 two bedroom apartment listings currently available for rent in 77040.
How have rent prices in 77040, Houston, TX changed this year?
Rent prices for rentals in 77040, Houston, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.65%, one bedroom rental prices have changed by -0.22%, two bedroom rental prices have changed by 0.16%, three bedroom rental prices have changed by 0.01% year-over-year.
What is a reasonable rent price in 77040, Houston, TX?
A reasonable rent price in 77040, Houston, TX is around $1,440/month. You can search for these reasonably priced rental listings on RentHop.
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